Truist analyst Brandon King raised the firm’s price target on Texas Capital to $72 from $70 and keeps a Buy rating on the shares after its Q4 results. The firm’s estimate revisions reflect higher expenses and lower revenue seen in 2024, though these are offset by higher revenue in 2025, the analyst tells investors in a research note. Fees and investment banking revenue are difficult to forecast, but there should be enough momentum to drive double-digit pre-provision net revenue growth in 2025, the firm added.
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